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Nonprofit · EIN 62-1363725

HAMILTON COUNTY SCHOOLS FUND FOR EXCELLENCE

Tax-exempt · CHATTANOOGA, TN 37409

Financials

$554K$509K2023$1.1M$932K2024
Revenue Expenses · by fiscal year end
Financials of HAMILTON COUNTY SCHOOLS FUND FOR EXCELLENCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,088,210$931,533$156,677$1,275,928$598,715$677,213
December 31, 2023990$554,132$509,197$44,935$3,683,000$3,162,464$520,536
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$535,797
Program service revenue
$0
Investment income
$215,273
Net gain from sales of assets
$67,207
Net income from fundraising events
$33,824
Net income from sales of inventory
$303,316
Other revenue
$337,140

Expenses

Grants and similar amounts paid
$222,716
Compensation of officers, directors and key employees
$159,322
Other salaries and wages
$21,268
Salaries, compensation and benefits (total)
$196,078
Professional fundraising fees
$0
Legal fees
$541
Accounting fees
$5,000
Travel
$466
Depreciation
$358
Program services (functional)
$900,303
Management and general (functional)
$31,230

Balance sheet and other

Total assets, start of year
$3,683,000
Total assets, end of year
$1,275,928
Total liabilities, end of year
$598,715
Net assets, end of year
$677,213
Land, buildings and equipment
$1,035
Net assets without donor restrictions
$486,997
Net assets with donor restrictions
$190,216
Gross receipts
$7,647,543
Employees
0
Volunteers
0
Year formed
1988
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
KRIS HUMBEREXECUTIVE DIRECTOR
Trustee or director
40$80,129
SHERRIE FORDPAST PRESIDENT
Trustee or director, Officer
0.5$0
SANDY DITTUSSECRETARY/TREASURER
Trustee or director, Officer
2$0
LEBRON STERCHIAT LARGE
Trustee or director
1$0
SHARON VANDAGRIFFBOARD MEMBER
Trustee or director
0.2$0
JEANETTE OMARKHAILEX OFFICIO
Trustee or director
0.2$0
DR JUSTIN ROBERTSEX OFFICIO
Trustee or director
0.2$0
KATHY CLARKADVISORY MEMBER
Trustee or director
0.2$0
DR STEVE HIGLANDERPRESIDENT
Trustee or director, Officer
0.5$0
JEFF WESTBOARD MEMBER
Trustee or director
0.2$0
SONJA MILLARDBOARD MEMBER
Trustee or director
0.2$0
MIKE REEDEMERITUS
Trustee or director
0.2$0
BILL BROOKSVICE PRESIDENT
Trustee or director, Officer
0.2$0
MANDY SENN-SIMMONSBOARD MEMBER
Trustee or director
0.2$0
TIFFANIE ROBINSONBOARD MEMBER
Trustee or director
0.2$0
2 more people on this return
NameTitleHours / weekCompensation
DARREN HODGESADVISORY MEMBER
Trustee or director
0.2$0
MATTIE MORANADVISORY MEMBER
Trustee or director
0.2$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensation
KRIS HUMBEREXECUTIVE DIRECTOR
Trustee or director
40$77,930
SHERRIE FORDPAST PRESIDENT
Trustee or director, Officer
0.5$0
SANDY DITTUSSECRETARY/TREASURER
Trustee or director, Officer
2$0
LEBRON STERCHIAT LARGE
Trustee or director
1$0
SHARON VANDAGRIFFBOARD MEMBER
Trustee or director
0.2$0
JEANETTE OMARKHAILEX OFFICIO
Trustee or director
0.2$0
DR JUSTIN ROBERTSEX OFFICIO
Trustee or director
0.2$0
KATHY CLARKBOARD MEMBER
Trustee or director
0.2$0
DR STEVE HIGLANDERPRESIDENT
Trustee or director, Officer
0.5$0
JEFF WESTBOARD MEMBER
Trustee or director
0.2$0
CHRISTY HIGHFILLEX OFFICIO
Trustee or director
0.2$0
SONJA MILLARDBOARD MEMBER
Trustee or director
0.2$0
MIKE REEDEMERITUS
Trustee or director
0.2$0
BILL BROOKSBOARD MEMBER
Trustee or director
0.2$0
MANDY SENN-SIMMONSBOARD MEMBER
Trustee or director
0.2$0
TIFFANIE ROBINSONEX OFFICIO
Trustee or director
0.2$0
RON CRAWFORDVICE PRESIDENT
Trustee or director, Officer
0.2$0

Address and contacts

Address (IRS master file)
1161 W 40TH ST, CHATTANOOGA, TN 37409-1317
Principal officer (990 for 2024)
KRIS HUMBER, 1161 WEST 40TH STREET SUITE 206, CHATTANOOGA, TN 37409
Signed the 990
KRIS HUMBER, EXECUTIVE DIRECTOR
Phone
(423) 209-5450
Return prepared by
G R RUSH & COMPANY PLLC CPA'S

Mission

TO IMPROVE THE QUALITY OF THE EDUCATIONAL EXPERIENCE IN THE HAMILTON COUNTY SCHOOLS BY PROVIDING SUPPORT IN THE FORM OF FUNDRAISING OPPORTUNITIES, RECOGNITION AWARDS, AND OTHER CHARITABLE PROGRAMS.

990 for the year ended December 31, 2024

Program accomplishments

  • KIDS FIRST COUPON BOOK - THE LARGEST FUNDRAISER IN THE HAMILTON COUNTY SCHOOL SYSTEM GENERATED $211,800 IN DIRECT REVENUE FOR ELEMENTARY SCHOOLS.
    Expenses $900,303 · grants $211,800 · revenue $392,620
  • UNITED SCHOOLS ATHLETIC COUNCIL (USAC) - FUNDS PROVIDED TO LOCAL SCHOOLS ATHLETIC PROGRAMS TO ASSIST WITH CAPITAL PURCHASES FOR ATHLETIC TEAMS.
    grants $10,916 · revenue $59,942

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
62-1363725
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1990
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B20J)
Assets (IRS master file)
$1,275,928
Income (IRS master file)
$7,647,543

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,088,210$931,533$1,275,928IRS
990December 2023$554,132$509,197$3,683,000XML
990December 2022$347,724$511,801$586,175IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 62-1363725).

Questions about HAMILTON COUNTY SCHOOLS FUND FOR EXCELLENCE

What is the EIN of HAMILTON COUNTY SCHOOLS FUND FOR EXCELLENCE?
The employer identification number (EIN) of HAMILTON COUNTY SCHOOLS FUND FOR EXCELLENCE is 62-1363725.
Is HAMILTON COUNTY SCHOOLS FUND FOR EXCELLENCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to HAMILTON COUNTY SCHOOLS FUND FOR EXCELLENCE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HAMILTON COUNTY SCHOOLS FUND FOR EXCELLENCE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HAMILTON COUNTY SCHOOLS FUND FOR EXCELLENCE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HAMILTON COUNTY SCHOOLS FUND FOR EXCELLENCE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HAMILTON COUNTY SCHOOLS FUND FOR EXCELLENCE?
The 990 for the year ended December 31, 2024 names KRIS HUMBER.
Who are the officers and directors of HAMILTON COUNTY SCHOOLS FUND FOR EXCELLENCE?
The 990 for the year ended December 31, 2024 lists 17 people; 1 received compensation from the organization, the highest $80,129 (KRIS HUMBER, EXECUTIVE DIRECTOR).
How much revenue does HAMILTON COUNTY SCHOOLS FUND FOR EXCELLENCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,088,210, expenses of $931,533 and total assets of $1,275,928 at year end.

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